Green finance
CIB
| Product | Description | Uses of Funds | Client | Conditions | Interest Rate | Link |
|---|---|---|---|---|---|---|
| Agricultural products loan | Borrowers can benefit from increased energy performance, reduced negative environmental impact, and technical support in technology selection and project assessment. Target sectors include: land reclamation, irrigation improvements, and drainage systems, agricultural machinery and water distribution systems, agriculture input supply, medicinal herbs, aromatic plants, and honey production, livestock and poultry, pre- and postharvest activities, marketing agricultural-related activities, collection centers, and agricultural packaging facilities, dairy processing units (milk chillers and refrigerated trucks), tomato processing and dehydrating units, inland fishery and horticulture and renewable energy. | CAPEX & OPEX | SMEs | N/A | N/A | Link |
| CIB green bond program | CIB finances assets, projects, and expenditures that support the transition to a low-carbon economy and have a positive impact on the environment and climate, including energy efficiency projects that reduce absolute consumption by at least 15%. Certified green buildings. (LEED, BREEAM, or EDGE). This includes a 2.8% grant element. | CAPEX & OPEX | SMEs | Energy-efficiency projects that reduce consumption by at least 15%. Certified green buildings. (LEED, BREEAM, or EDGE). This includes a 2.8% grant element. Renewable energy projects, such as solar, wind, geothermal, biomass, biogas, and waste-to-energy. Energy-efficient products, such as vehicles, clean transportation, appliances, and lighting fixtures. Energy Management Systems (EnMS) that prove compliance with ISO 50001 or equivalent certification, and Water management that decreases water utilization from the baseline by 10%. | N/A | Link |
| The Egyptian Pollution Abatement Programme (EPAP) III loans | The Egyptian Pollution Abatement Programme (EPAP) is a major initiative of the Ministry of Environment to help industry improve performance and comply with environmental regulations. Targeting industrial sectors including agricultural sectors such as land reclamation, irrigation improvements, drainage systems, agricultural machinery and water distribution systems, agriculture input supply, medicinal herbs, aromatic plants, honey production, livestock and poultry, pre and postharvest activities, marketing agricultural-related activities, collection centers and agricultural packaging facilities, dairy processing units including milk chillers and refrigerated trucks, tomato processing and dehydrating units, inland fishery and horticulture and renewable energy. | CAPEX & OPEX | Industrial SMEs | The loan amount is up to 90% of the eligible investment cost, a grant element is included ranging between 10-25% of the eligible investment cost, the grace period is up to 2 years, and the loan tenor is up to 8 years, including a grace period with a ceiling of EUR 15 million or its equivalent. | N/A | Link |
| Growth loan | A convenient, easy, and fast loan that can be used for rapid capital infusion to assist the company to pay salaries, taxes, buy raw materials, pay customs, or cover expenses needed to keep their businesses running. The loan can also be used for business expansion plans and fleet finance. | CAPEX & OPEX | SMEs | Tailored for customers with an annual sales turnover of EGP 1 million up to 200 million, a credit limit of up to EGP 6 million, The loan tenure is up to 3 years, with a dedicated relationship manager. | Interest rates subject to the Central Bank of Egypt's initiatives | Link |
| Relationship-based finance | Tailored to customers with an annual sales turnover of EGP 20 million up to EGP 200 million. | CAPEX & OPEX | SMEs | Lines of credit with limits up to EGP 25 million, an overdraft facility with competitive limits, medium-term loans of up to five years, with contingent limits, a corporate credit card, and flexible repayment terms are included. | Interest rates subject to the Central Bank of Egypt's initiatives | Link |
| Super business loan | A short-term overdraft facility financing working investment needs for suppliers, overheads, salaries, taxes, and customs. In addition to issuing partially secured bid, performance, and advance payment letters of guarantee to support the company's operations and tendering activities for existing and non-existing CIB customers. | OPEX | SMEs | Tailored to customers with an annual sales turnover of EGP 10 million up to EGP 200 million, the credit limit is up to EGP 7 million, 10% of the facility could be issued in the form of a corporate credit card with a maximum limit of EGP 250,000, and a dedicated relationship manager. | Interest rates subject to the Central Bank of Egypt's initiatives | Link |
| Sustainable finance loan | Supporting responsible growth with lines of credit reaching up to EGP 10 million. Tailored for customers with an annual sales turnover of EGP 1 million up to 200 million. Medium-term loans with tenures of up to five years and a grace period reaching up to 150 days. Short-term facility to cover the company's working investment needs. | OPEX | SMEs | The credit limit is up to EGP 10 million, tailored for customers with an annual sales turnover of EGP 1 million up to 200 million, medium-term loan with a tenure of up to five years and a grace period reaching up to 150 days, short-term facility to cover the company's working investment needs, a corporate credit card can be issued with an amount reaching up to 10% of the facility, with a maximum limit of EGP 250,000. A dedicated relationship manager with the support of a technical expert from the sustainable finance team to offer technical assistance services. Incentives reaching up to 25% of the eligible financed assets, from several green finance programs funded by development financial institutions, according to their applied eligibility criteria. | Interest rates subject to the Central Bank of Egypt's initiatives | Link |
| The Environmental Compliance Office (ECO)'s finance program | A revolving fund operating under the Eco-Compliance Office at the Federation of Egyptian Industries, targeting the industrial sectors for CAPEX and OPEX financing. | CAPEX & OPEX | SMEs | The loan amount is up to 90% of the eligible investment cost with a ceiling of EGP 7 million. The grace period is up to 12 months, the loan tenor is up to 5 years, including the grace period, with preferential pricing (lowest interest rates). | N/A | Link |
| Women in business program loans | A lending offering tailored for women-owned businesses to support female entrepreneurs. It is a short-term overdraft facility financing working investment needs (suppliers/ overheads/salaries/taxes/customs) in addition to issuing partially secured bids, performance, and advance payment letters of guarantee to support the company's operations and tendering activities of existing and non-existing CIB customers. | OPEX | Women-led SMEs | Tailored for customers with an annual sales turnover of EGP 1 million up to EGP 200 million, credit limit is up to EGP 7 million, 10% of the facility could be issued in the form of a corporate credit card with a maximum limit of EGP 250,000 and a dedicated relationship manager. | Interest rates subject to the Central Bank of Egypt's initiatives | Link |
